Case Study: muinmos achieves automated, MiFID II & AML-compliant client onboarding with NorthRow

How Can Wealth and Asset Management Firms Comply with MiFID II and AML Regulation

muinmos, a cloud-based client suitability platform, faced the industry-wide challenge of MiFID II and AML-driven KYC complexity that is slowing and inflating onboarding for wealth and asset managers. To address this, muinmos partnered with RegTech vendor NorthRow to combine muinmos PASS with NorthRow’s identity verification (IDV) and KYC/AML services delivered via a single API.

NorthRow integrated its automated IDV, KYC and AML checks with muinmos PASS to provide jurisdictional clearance, suitability and appropriateness assessments and a traffic‑light risk rating. The combined solution completes checks in seconds at a fraction of the cost of traditional methods, streamlines onboarding with a full audit trail and global coverage, and reduces time, operational burden and compliance risk for wealth and asset managers.

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